What is your perfect stop loss plan and take profit plan while trading?

[shuvo849175]

I am new to forex for 3 months and a lot of information that I got from the experience of this currency market. I initially thought that forex is one way to get money in a way that is easy and fast. but after entering the forex world is not like that one can imagine. to gain profit from the trade we do must be accompanied by a robust analysis and prediction to determine the position to buy or sell.

[Nazmu]

I think i've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. and I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit .

[onty29]

I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought

[onty39]

there are a number of online business but forex trading is one of the best business of asia . there is no fraud in it . forex trading is too much reliable people can join it without any difficulty and they are confident about forex trading

[brimoel]

Hello my friend
I think it's a good plan if you're on a small chart traders like 30 minutes and a maximum of time but the chart is trading at 5 minutes and 15 minutes when I see that the development of a good stop loss but profit-taking I think it's much better to be in the range of 35 points.

[fed]

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[colleen]

I am always use stop loss in forex industry.I am eff benefit at 40 pips and stop loss 25 pips.few indication movement were not unspoiled for me or against me then I am taking speeding firmness and construe infinitesimal acquire.

[mjunaid00]

it depends on the type of order on which time we are making if it is good and it can go up to higher limit then we can set the stoploss more and also take profit more than this so we have to trade on scalping it will be batter for us to make small profits and to make good earning and get more and more money and avoid risks in the forex trade

[chimse210]

Thank you for your post. In my oppinion,we are trying to trade as the part time or the full for us the matter is that we should have the skills for the trading because when we will have all necessary knowledge and experience quite easy to trade and Already put the layover diminution in each yawning status and a cut death say if my number great is accomplishment the limit that i setups..Green trades, friend.

[divo]

Hello friend, in my point of view,I ordinarily use scalping I countenance for 5 to 8 pips stomach gain and around 15 to 20 pips grab disadvantage it may seem warred but it tiresomeness beneficent for my trading. .Nice trades, guy.